4ms

Cards (13)

  • The 4M’s of operation in relation to business opportunity means that the four critical domains, usually attributed to manufacturing are: man, machine, material and method should work together.
  • huMan (Skill, Technology, Organization, Resources)
  • Method (Process, Schedule, Procedure)
  • Machine (Equipment)
  • Material (Information, Raw Materials, Consumables, Quality)
  • The idea of 4M model is simply to give a systematical and total point of view on what individual factor as well as what factor-to-factor interaction are able to influence on the expected output (or final results).
  • Of course 4Ms is a powerful method for process improvement, but it’s also the most important method you should apply during the process design and/or product design phase, and in daily operation management.
  • It is the day-to-day operations of a business. methods
  • this is the worker.. manpower
  • Without the proper equipment, you will not be able to perform the needed tasks efficiently. machines
    • Advertising- As with all marketing activity, is an investment and creates opportunities for the product to be discovered by the market
  • the process to be followed in effectively manufacturing or delivering a product or service. methods
    • Materials sourcing raw materials is critical in any business endeavor as the businessman would want to have the cheapest possible at the highest quality.